Oil market continued to rise on revived supply tightness concerns
Oil market continued to rise on revived supply tightness concerns
International benchmarks for crude oil ended the first trading session of the week with gains on Monday, 13 June 2022 as supply tightness outweighed concerns over the potentially reduced demand from China following the latest round of lockdown in Beijing and Shanghai.
Brent added 26 cents to settle at $122.27/barrel.
WTI rose 26 cents to close at $120.93/barrel.